Carter’s, Inc. $CRI Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. lifted its holdings in Carter’s, Inc. (NYSE:CRI) by 1.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,226,804 shares of the textile maker’s stock after purchasing an additional 46,560 shares during the quarter. Vanguard Group Inc. owned about 0.12% of Carter’s worth $119,280,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. boosted its holdings in Carter’s by 1,208.1% in the third quarter. Hantz Financial Services Inc. now owns 1,295 shares of the textile maker’s stock worth $37,000 after acquiring an additional 1,196 shares in the last quarter. Versant Capital Management Inc raised its position in shares of Carter’s by 135.4% in the 3rd quarter. Versant Capital Management Inc now owns 1,415 shares of the textile maker’s stock valued at $40,000 after purchasing an additional 814 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Carter’s by 202.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,486 shares of the textile maker’s stock worth $45,000 after purchasing an additional 995 shares in the last quarter. PNC Financial Services Group Inc. grew its position in Carter’s by 97.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,681 shares of the textile maker’s stock worth $104,000 after purchasing an additional 1,821 shares during the last quarter. Finally, Ameritas Investment Partners Inc. acquired a new position in Carter’s during the 2nd quarter valued at approximately $110,000.

Carter’s Stock Down 2.3%

Shares of CRI stock opened at $35.09 on Thursday. Carter’s, Inc. has a twelve month low of $23.38 and a twelve month high of $44.44. The stock has a market cap of $1.28 billion, a P/E ratio of 13.92, a P/E/G ratio of 5.45 and a beta of 1.07. The stock has a 50 day moving average of $36.60 and a 200 day moving average of $32.52. The company has a current ratio of 2.51, a quick ratio of 1.44 and a debt-to-equity ratio of 0.61.

Carter’s (NYSE:CRI) last issued its quarterly earnings data on Friday, February 27th. The textile maker reported $1.90 EPS for the quarter, topping analysts’ consensus estimates of $1.70 by $0.20. The business had revenue of $925.45 million for the quarter, compared to analysts’ expectations of $912.36 million. Carter’s had a net margin of 3.17% and a return on equity of 14.45%. The business’s revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the company earned $2.39 EPS. Carter’s has set its Q1 2026 guidance at 0.020-0.080 EPS. As a group, sell-side analysts expect that Carter’s, Inc. will post 5.15 EPS for the current year.

Carter’s Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.8%. The ex-dividend date is Friday, March 13th. Carter’s’s dividend payout ratio (DPR) is currently 39.68%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CRI. Monness Crespi & Hardt upgraded shares of Carter’s from a “neutral” rating to a “buy” rating and set a $45.00 price objective for the company in a research note on Monday. UBS Group lifted their price target on Carter’s from $33.00 to $40.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th. Zacks Research raised Carter’s from a “hold” rating to a “strong-buy” rating in a report on Monday, January 19th. Citigroup upgraded Carter’s from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $34.00 to $50.00 in a research note on Wednesday, January 21st. Finally, Wall Street Zen raised Carter’s from a “sell” rating to a “hold” rating in a report on Sunday, January 11th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $35.83.

About Carter’s

Carter’s, Inc (NYSE: CRI) is a leading designer and marketer of infant and young children’s apparel in North America. Headquartered in Atlanta, Georgia, the company’s core business focuses on creating clothing and accessories for babies and children, including bodysuits, sleepwear, layette, outerwear and accessories that blend comfort, safety and style. Carter’s flagship brand is complemented by its OshKosh B’gosh line, which offers heritage-inspired designs and durable fabrics for toddlers and young kids.

The company distributes its products through a diversified platform that includes wholesale partnerships with major department stores and mass merchandisers, direct‐to‐consumer e-commerce sites, and an extensive network of company-operated retail stores.